| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 79th | Good |
| Demographics | 35th | Fair |
| Amenities | 77th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 13921 Yukon Ave, Hawthorne, CA, 90250, US |
| Region / Metro | Hawthorne |
| Year of Construction | 1972 |
| Units | 69 |
| Transaction Date | 2023-01-31 |
| Transaction Price | $14,550,000 |
| Buyer | 13921 YUKON LP |
| Seller | 13921 YUKON AVENUE LLC |
13921 Yukon Ave Hawthorne Multifamily Investment
Renter demand is reinforced by a high neighborhood renter-occupied share and solid occupancy, according to WDSuite’s CRE market data. This positioning supports steady cash flow potential for a well-managed asset in Hawthorne.
The property sits in an Urban Core pocket of Hawthorne with strong daily-needs access. Neighborhood amenities rank 254 out of 1,441 Los Angeles metro neighborhoods, placing it in the top quartile among the metro. Nationally, amenity access tests above average, with particularly dense coverage of grocery, restaurants, cafes, and pharmacies. While park access is limited locally, everyday retail and services help support resident convenience and leasing appeal.
For investors evaluating stability, the neighborhood’s multifamily occupancy (measured at the neighborhood level, not the property) is solid and near the metro median, with national performance above average. The neighborhood also shows a very high renter-occupied share (top tier within the metro), indicating a deep tenant base that can support leasing continuity across cycles.
School ratings in the area trend below national averages, which may matter for certain renter cohorts. However, the broader location fundamentals—commute connectivity across the South Bay and access to employers—remain a draw for working households.
The asset’s 1972 vintage is slightly older than the neighborhood’s average construction year (mid-1970s). That age profile suggests planning for ongoing capital expenditures and offers value-add or modernization pathways to enhance competitive positioning versus newer stock.
Within a 3-mile radius, demographic statistics show stable to improving fundamentals for multifamily demand. Recent periods reflect steady household counts with a trend toward smaller household sizes, and forecasts point to increasing households alongside rising incomes. This combination supports a larger tenant base over time and underpins occupancy stability and rent roll durability for well-operated assets.
Home values in the neighborhood are elevated relative to national norms, characteristic of the Los Angeles region. A high-cost ownership market typically sustains reliance on rental housing, which can support tenant retention and pricing power for competitively positioned units.
Neighborhood-level safety metrics are mixed but improving. Compared with Los Angeles metro peers, the area sits roughly mid-pack on overall crime rank (out of 1,441 neighborhoods), indicating neither a best-in-class nor an outlier risk profile. Nationally, property-related incidents benchmark somewhat better than average, while violent-offense measures are closer to the national midpoint.
Recent year-over-year trends indicate declines in both violent and property offense rates at the neighborhood level. For investors, the directional improvement is constructive, but underwriting should still incorporate prudent security and operational practices typical for dense Urban Core submarkets.
Proximity to South Bay employment anchors supports demand from a diverse renter workforce. Notable nearby employers include corporate offices in toys and entertainment, airline operations, cybersecurity/software, enterprise software, and industrial gases.
- Mattel — toys & entertainment corporate offices (3.4 miles) — HQ
- Southwest Airlines Counter — airline operations (4.8 miles)
- Symantec — cybersecurity software (6.5 miles)
- Microsoft Offices The Reserves — enterprise software (7.1 miles)
- Air Products & Chemicals — industrial gases (8.7 miles)
13921 Yukon Ave is a 69-unit, 1972-vintage asset in Hawthorne that benefits from a deep renter pool and solid neighborhood occupancy levels. The immediate area offers strong access to daily amenities and major employers, supporting leasing velocity and retention. Based on CRE market data from WDSuite, neighborhood occupancy trends are healthy, while elevated for-sale housing costs in Los Angeles reinforce renter reliance on multifamily options.
Forward-looking 3-mile demographics point to growth in households and rising incomes, expanding the tenant base and supporting rent durability for well-positioned units. Given its slightly older vintage relative to local stock, the property presents value-add potential through targeted renovations and system upgrades, balanced by prudent capital planning and careful management of affordability pressures.
- Deep renter concentration in the neighborhood supports tenant base depth and occupancy stability
- Healthy neighborhood occupancy and strong daily-needs access bolster leasing and retention
- 1972 vintage offers value-add upside via renovations and modernization
- Proximity to major employers across the South Bay underpins workforce housing demand
- Risks: affordability pressure and mixed school ratings call for careful lease management and targeted unit positioning